The Automotive Adhesive Market Size was valued at USD 4.79 Billion in 2023. It is estimated to reach USD 7.52 Billion by 2031 and grow at CAGR 5.8% over the Forecast period 2024-2031.
Automotive Adhesives market, thin and lightweight bonding agents, are rapidly transforming growth Unlike traditional methods like welding and riveting, adhesives offer significant advantages. Their use contributes to lighter vehicles due to their minimal weight, while simultaneously enhancing a car's structural integrity through improved front and rear lateral body stiffness. This translates to a more responsive driving experience. Additionally, adhesives play a role in improving safety by potentially enhancing crash performance. Furthermore, they contribute to a quieter and more comfortable ride by reducing Noise, Vibration, and Harshness (NVH) within the vehicle. Notably, adhesives offer versatility in adhering to a wide range of materials, from steel and alloys to various car components like dashboards, door panels, electronics, light covers, and lenses. This versatility, coupled with their ability to facilitate innovative mixed-material car body designs, positions adhesives as a game-changer in the future of automotive design and performance.
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Drivers
Increases in the demand of APAC in Automotive Adhesive market
Rise in the Eco-Friendly and Lightweight Vehicles in Automotive Adhesives market.
The APAC region has growing in automotive manufacturing industry. Countries like China, India, and South Korea are experiencing rapid growth in vehicle production, creating a massive demand for adhesives used throughout the car-building process. Within APAC, China stands out as a leader. According to the China Adhesives Association, it's the top producer and consumer of automotive adhesives. This dominance can be attributed to its rapidly expanding automotive industry and its embrace of innovative technologies.
Restraint:
Challenges for manufacturers in the automotive adhesives market.
High-Performance Adhesives and Cost Considerations in adhesive industry
When raw material prices rise, the cost of producing adhesives also increases. Manufacturers may have to absorb these costs or pass them on to carmakers, potentially impacting the overall cost of vehicles. Fluctuations can sometimes lead to shortages of specific raw materials. This can disrupt production schedules and delay deliveries of adhesives to car manufacturers.
Opportunities
Customization Fuels the Automotive Adhesives Market
Growing electric vehicle (EV) market in the adhesives industry.
enhanced strength and heat resistance can open doors for new applications
The desire for personalized vehicles is rapidly transforming the automotive industry, and this trend is having a significant impact on the automotive adhesives market, Traditional joining methods like welding can be restrictive when it comes to combining different materials. Adhesives, however, offer greater flexibility. They can securely bond a wider range of materials, including high-strength steel, aluminum, composites, and even plastics.
Challenges
Disrupting production schedules and delaying deliveries
Manufacturers of entry-level or budget cars prioritize affordability
Adhesive production slows down or halts completely. This creates a domino effect, with car manufacturers facing a shortage of adhesives to complete vehicles, leading to production line stoppages and delayed deliveries. longer curing times are used in a high-volume production setting it will directly affect quality control checks after production.
The impact of Russia and Ukraine has affected overall market and these are significant players in the raw materials market for certain adhesives. The war has disrupted the supply chain of these materials, leading to potential shortages and price hikes. This could pose challenges for manufacturers and ultimately affect production costs. The war has intensified the need for alternative energy sources, potentially accelerating the adoption of electric vehicles (EVs). This could benefit the automotive adhesives market
Impact of Economic downturns, consumer spending typically takes a hit. This can lead to a decrease in demand for new vehicles, consequently impacting the demand for automotive adhesives used in the production process. This downturns often lead to increased pressure on manufacturers to reduce costs. This can incentivize them to seek out more cost-effective adhesive solutions. This could benefit manufacturers of generic adhesives, while putting pressure on those specializing in high-performance or premium adhesives.
By Resin Type:
Epoxy
Acrylics
Silicone
SMP
MMA
Others (polysulfide, rubber, polyamide, and others)
The Polyurethane sub-segment Currently dominating the Automotive Adhesives market in 2023, by Resin Type. polyurethanes are the go-to choice for structural bonding of various automotive components. From body panels and glass installation to interior assembly, PUs offer exceptional adhesive strength, flexibility to accommodate movement, and impressive resistance to both impact and temperature fluctuations. This versatility makes them a popular choice for a wide range of automotive applications.
By Technology
Hot melt
Solvent Based
Water based
Pressure Sensitive
Others (Reactive and Thermosetting)
The others (Reactive and Thermosetting) technology sub-segment held the dominating share of the Automotive Adhesives market, capturing a over 80.5% volume in 2023. This dominance can be attributed by these adhesives boast exceptional durability even under harsh environmental conditions. They can withstand a wide range of challenges that would compromise other adhesives
By Application:
Body in white
Paint Shop
Assembly
Power Train
The body in white sub-segment of car manufacturing, has dominating the largest volume share (40.5%) in the automotive adhesives market by application in 2023. Compared to bulky welds, adhesives contribute to overall weight reduction. Think of it as shedding pounds without sacrificing structural integrity – a key factor in improving fuel efficiency and potentially boosting car performance.
By Vehicle Type:
Passenger cars
LCVs
Trucks
Buses
Aftermarket
The passenger car sub-segment has leading past other vehicle categories, in the Automotive Adhesives market holding over 75% share of the total market volume By Vehicle type. This dominance effect can be seen by volume of passenger cars produced globally. However, the future looks bright for a new contender: electric vehicles (EVs).
North America
Europe
Asia pacific
Middle East & Africa
Latin America
The Asia Pacific region has emerged as the leader in the automotive adhesives market, capturing a staggering 70.0% volume share in 2023. This dominance can be attributed to a confluence of factors such as vehicle manufacturing and technological advancements. This flourishing ecosystem presents a wealth of growth opportunities for automotive adhesives. Seizing these opportunities, manufacturers are strategically scaling up production capacities to meet the rising demand. This expansion also allows them to broaden their market reach and establish a stronger presence across the region.
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players listed in the Automotive Adhesives market are Henkel & Co. KGaA, Akzo Nobel N.V., BASF SE, Illinois Tool Works Inc., DowDuPont, Bostik, H.B. Fuller Company, Sika AG, PPG Industries, Solvay S.A, Jowat AG and others
In May 2023: Henkel Adhesive Technologies, a frontrunner in automotive adhesives, unveiled the Loctite TLB 9300 APSi. This innovative adhesive boasts dual functionality, offering both thermal conductivity and structural bonding, specifically designed for electric vehicle (EV) battery systems.
In December 2022: Dow introduced the SILASTIC™ SA 994X Liquid Silicone Rubber (LSR) series, a sustainable solution for the transportation industry. This versatile rubber finds application in various automotive components, including connector seals, radiator gasket seals, and battery vent gasket seals for hybrid and electric vehicles (HEVs/EVs).
In April 2022: 3M joined forces with Innovative Automation Inc. to deliver an automated adhesive solution for industrial manufacturers. The RoboTape™ System simplifies 3M™ tape application within assembly processes. This system aims to reduce or eliminate the need for manual labor, ultimately maximizing production efficiency.
In February 2022: Arkema bolstered its adhesive solutions portfolio by finalizing the acquisition of Ashland's Performance Adhesives business. This acquisition grants Arkema access to a wider range of pressure-sensitive adhesives, particularly those used in protective and signage films for both buildings and automotive applications.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 4.79 Billion |
| Market Size by 2031 | US$ 7.52 Billion |
| CAGR | CAGR of 5.8% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By resin type (Polyurethane, Epoxy, Acrylics, Siliconek, SMP, MMA, Others (polysulfide, rubber, polyamide, and others)) • By application (Body in white, Paint Shop, Assembly, Power Train ) • By vehicle type (Passenger cars, LCVs, Trucks, Buses, Aftermarket) • By Technology (Hot melt, Solvent Based, Water based, Pressure Sensitive, Others (Reactive and Thermosetting)) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Henkel & Co. KGaA, Akzo Nobel N.V., BASF SE, Illinois Tool Works Inc., DowDuPont, Bostik, H.B. Fuller Company, Sika AG, PPG Industries, Solvay S.A, Jowat AG |
| DRIVERS | • Increases in the demand of APAC in Automotive Adhesive market • Rise in the Eco-Friendly and Lightweight Vehicles in Automotive Adhesives market. |
| Restraints | • Challenges for manufacturers in the automotive adhesives market. • High-Performance Adhesives and Cost Considerations in adhesive industry |
Ans. The Compound Annual Growth rate for the Automotive Adhesive Market over the forecast period is 5.8%.
Ans. The projected market size for the Automotive Adhesive Market is USD 7.52 Billion by 2031.
Ans. The passage mentions manufacturers are strategically increasing production capacity to meet the rising demand for automotive adhesives. This allows them to expand their reach and become more prominent players in the region.
Ans. Automotive adhesives are lighter weight than welding materials and can improve a car's body stiffness, leading to better handling.
Ans. Because they are exceptionally durable even under harsh environmental conditions, allowing them to withstand challenges that other adhesives cannot.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8.Pest Analysis
9. Average Selling Price
9.1 North America
9.2 Europe
9.3 Asia Pacific
9.4 Latin America
9.5 Middle East & Africa
10. Automotive Adhesives market Segmentation, By Resin Type
10.1 Introduction
10.2 Trend Analysis
10.3 Polyurethane
10.4 Epoxy
10.5 Acrylics
10.6 Silicone
10.7 SMP
10.8 MMA
10.9 Others (polysulfide, rubber, polyamide, and others)
11. Automotive Adhesives market Segmentation, By Technology type
11.1 Introduction
11.2 Trend Analysis
11.3 Hot melt
11.4 Solvent Based
11.5 Water based
11.6 Pressure Sensitive
11.7 Others (Reactive and Thermosetting)
12. Automotive Adhesives market Segmentation, By Application
12.1 Introduction
12.2 Trend Analysis
12.3 Body in white
12.4 Paint Shop
12.5 Assembly
12.6 Power Train
13. Automotive Adhesives market Segmentation, By Vehicle
13.1 Introduction
13.2 Trend Analysis
13.3 Passenger cars
13.4 LCVs
13.5 Trucks
13.6 Buses
13.7 Aftermarket
14. Regional Analysis
14.1 Introduction
14.2 North America
14.2.1 Trend Analysis
14.2.2 North America Automotive Adhesives market by Country
14.2.3 North America Automotive Adhesives market By Resin Type
14.2.4 North America Automotive Adhesives market By Technology type
14.2.5 North America Automotive Adhesives market By Application
14.2.6 North America Automotive Adhesives market By Vehicle
14.2.7 USA
14.2.7.1 USA Automotive Adhesives market By Resin Type
14.2.7.2 USA Automotive Adhesives market By Technology type
14.2.7.3 USA Automotive Adhesives market By Application
14.2.7.4 USA Automotive Adhesives market By Vehicle
14.2.8 Canada
14.2.8.1 Canada Automotive Adhesives market By Resin Type
14.2.8.2 Canada Automotive Adhesives market By Technology type
14.2.8.3 Canada Automotive Adhesives market By Application
14.2.8.4 Canada Automotive Adhesives market By Vehicle
14.2.9 Mexico
14.2.9.1 Mexico Automotive Adhesives market By Resin Type
14.2.9.2 Mexico Automotive Adhesives market By Technology type
14.2.9.3 Mexico Automotive Adhesives market By Application
14.2.9.4 Mexico Automotive Adhesives market By Vehicle
14.3 Europe
14.3.1 Trend Analysis
14.3.2 Eastern Europe
14.3.2.1 Eastern Europe Automotive Adhesives market by Country
14.3.2.2 Eastern Europe Automotive Adhesives market By Resin Type
14.3.2.3 Eastern Europe Automotive Adhesives market By Technology type
14.3.2.4 Eastern Europe Automotive Adhesives market By Application
14.3.2.5 Eastern Europe Automotive Adhesives market By Vehicle
14.3.2.6 Poland
14.3.2.6.1 Poland Automotive Adhesives market By Resin Type
14.3.2.6.2 Poland Automotive Adhesives market By Technology type
14.3.2.6.3 Poland Automotive Adhesives market By Application
14.3.2.6.4 Poland Automotive Adhesives market By Vehicle
14.3.2.7 Romania
14.3.2.7.1 Romania Automotive Adhesives market By Resin Type
14.3.2.7.2 Romania Automotive Adhesives market By Technology type
14.3.2.7.3 Romania Automotive Adhesives market By Application
14.3.2.7.4 Romania Automotive Adhesives market By Vehicle
14.3.2.8 Hungary
14.3.2.8.1 Hungary Automotive Adhesives market By Resin Type
14.3.2.8.2 Hungary Automotive Adhesives market By Technology type
14.3.2.8.3 Hungary Automotive Adhesives market By Application
14.3.2.8.4 Hungary Automotive Adhesives market By Vehicle
14.3.2.9 Turkey
14.3.2.9.1 Turkey Automotive Adhesives market By Resin Type
14.3.2.9.2 Turkey Automotive Adhesives market By Technology type
14.3.2.9.3 Turkey Automotive Adhesives market By Application
14.3.2.9.4 Turkey Automotive Adhesives market By Vehicle
14.3.2.10 Rest of Eastern Europe
14.3.2.10.1 Rest of Eastern Europe Automotive Adhesives market By Resin Type
14.3.2.10.2 Rest of Eastern Europe Automotive Adhesives market By Technology type
14.3.2.10.3 Rest of Eastern Europe Automotive Adhesives market By Application
14.3.2.10.4 Rest of Eastern Europe Automotive Adhesives market By Vehicle
14.3.3 Western Europe
14.3.3.1 Western Europe Automotive Adhesives market by Country
14.3.3.2 Western Europe Automotive Adhesives market By Resin Type
14.3.3.3 Western Europe Automotive Adhesives market By Technology type
14.3.3.4 Western Europe Automotive Adhesives market By Application
14.3.3.5 Western Europe Automotive Adhesives market By Vehicle
14.3.3.6 Germany
14.3.3.6.1 Germany Automotive Adhesives market By Resin Type
14.3.3.6.2 Germany Automotive Adhesives market By Technology type
14.3.3.6.3 Germany Automotive Adhesives market By Application
14.3.3.6.4 Germany Automotive Adhesives market By Vehicle
14.3.3.7 France
14.3.3.7.1 France Automotive Adhesives market By Resin Type
14.3.3.7.2 France Automotive Adhesives market By Technology type
14.3.3.7.3 France Automotive Adhesives market By Application
14.3.3.7.4 France Automotive Adhesives market By Vehicle
14.3.3.8 UK
14.3.3.8.1 UK Automotive Adhesives market By Resin Type
14.3.3.8.2 UK Automotive Adhesives market By Technology type
14.3.3.8.3 UK Automotive Adhesives market By Application
14.3.3.8.4 UK Automotive Adhesives market By Vehicle
14.3.3.9 Italy
14.3.3.9.1 Italy Automotive Adhesives market By Resin Type
14.3.3.9.2 Italy Automotive Adhesives market By Technology type
14.3.3.9.3 Italy Automotive Adhesives market By Application
14.3.3.9.4 Italy Automotive Adhesives market By Vehicle
14.3.3.10 Spain
14.3.3.10.1 Spain Automotive Adhesives market By Resin Type
14.3.3.10.2 Spain Automotive Adhesives market By Technology type
14.3.3.10.3 Spain Automotive Adhesives market By Application
14.3.3.10.4 Spain Automotive Adhesives market By Vehicle
14.3.3.11 Netherlands
14.3.3.11.1 Netherlands Automotive Adhesives market By Resin Type
14.3.3.11.2 Netherlands Automotive Adhesives market By Technology type
14.3.3.11.3 Netherlands Automotive Adhesives market By Application
14.3.3.11.4 Netherlands Automotive Adhesives market By Vehicle
14.3.3.12 Switzerland
14.3.3.12.1 Switzerland Automotive Adhesives market By Resin Type
14.3.3.12.2 Switzerland Automotive Adhesives market By Technology type
14.3.3.12.3 Switzerland Automotive Adhesives market By Application
14.3.3.12.4 Switzerland Automotive Adhesives market By Vehicle
14.3.3.14 Austria
14.3.3.14.1 Austria Automotive Adhesives market By Resin Type
14.3.3.14.2 Austria Automotive Adhesives market By Technology type
14.3.3.14.3 Austria Automotive Adhesives market By Application
14.3.3.14.4 Austria Automotive Adhesives market By Vehicle
14.3.3.14 Rest of Western Europe
14.3.3.14.1 Rest of Western Europe Automotive Adhesives market By Resin Type
14.3.3.14.2 Rest of Western Europe Automotive Adhesives market By Technology type
14.3.3.14.3 Rest of Western Europe Automotive Adhesives market By Application
14.3.3.14.4 Rest of Western Europe Automotive Adhesives market By Vehicle
14.4 Asia-Pacific
14.4.1 Trend Analysis
14.4.2 Asia-Pacific Automotive Adhesives market by Country
14.4.3 Asia-Pacific Automotive Adhesives market By Resin Type
14.4.4 Asia-Pacific Automotive Adhesives market By Technology type
14.4.5 Asia-Pacific Automotive Adhesives market By Application
14.4.6 Asia-Pacific Automotive Adhesives market By Vehicle
14.4.7 China
14.4.7.1 China Automotive Adhesives market By Resin Type
14.4.7.2 China Automotive Adhesives market By Technology type
14.4.7.3 China Automotive Adhesives market By Application
14.4.7.4 China Automotive Adhesives market By Vehicle
14.4.8 India
14.4.8.1 India Automotive Adhesives market By Resin Type
14.4.8.2 India Automotive Adhesives market By Technology type
14.4.8.3 India Automotive Adhesives market By Application
14.4.8.4 India Automotive Adhesives market By Vehicle
14.4.9 Japan
14.4.9.1 Japan Automotive Adhesives market By Resin Type
14.4.9.2 Japan Automotive Adhesives market By Technology type
14.4.9.3 Japan Automotive Adhesives market By Application
14.4.9.4 Japan Automotive Adhesives market By Vehicle
14.4.10 South Korea
14.4.10.1 South Korea Automotive Adhesives market By Resin Type
14.4.10.2 South Korea Automotive Adhesives market By Technology type
14.4.10.3 South Korea Automotive Adhesives market By Application
14.4.10.4 South Korea Automotive Adhesives market By Vehicle
14.4.11 Vietnam
14.4.11.1 Vietnam Automotive Adhesives market By Resin Type
14.4.11.2 Vietnam Automotive Adhesives market By Technology type
14.4.11.3 Vietnam Automotive Adhesives market By Application
14.4.11.4 Vietnam Automotive Adhesives market By Vehicle
14.4.12 Singapore
14.4.12.1 Singapore Automotive Adhesives market By Resin Type
14.4.12.2 Singapore Automotive Adhesives market By Technology type
14.4.12.3 Singapore Automotive Adhesives market By Application
14.4.12.4 Singapore Automotive Adhesives market By Vehicle
14.4.14 Australia
14.4.14.1 Australia Automotive Adhesives market By Resin Type
14.4.14.2 Australia Automotive Adhesives market By Technology type
14.4.14.3 Australia Automotive Adhesives market By Application
14.4.14.4 Australia Automotive Adhesives market By Vehicle
14.4.14 Rest of Asia-Pacific
14.4.14.1 Rest of Asia-Pacific Automotive Adhesives market By Resin Type
14.4.14.2 Rest of Asia-Pacific Automotive Adhesives market By Technology type
14.4.14.3 Rest of Asia-Pacific Automotive Adhesives market By Application
14.4.14.4 Rest of Asia-Pacific Automotive Adhesives market By Vehicle
14.5 Middle East & Africa
14.5.1 Trend Analysis
14.5.2 Middle East
14.5.2.1 Middle East Automotive Adhesives market by Country
14.5.2.2 Middle East Automotive Adhesives market By Resin Type
14.5.2.3 Middle East Automotive Adhesives market By Technology type
14.5.2.4 Middle East Automotive Adhesives market By Application
14.5.2.5 Middle East Automotive Adhesives market By Vehicle
14.5.2.6 UAE
14.5.2.6.1 UAE Automotive Adhesives market By Resin Type
14.5.2.6.2 UAE Automotive Adhesives market By Technology type
14.5.2.6.3 UAE Automotive Adhesives market By Application
14.5.2.6.4 UAE Automotive Adhesives market By Vehicle
14.5.2.7 Egypt
14.5.2.7.1 Egypt Automotive Adhesives market By Resin Type
14.5.2.7.2 Egypt Automotive Adhesives market By Technology type
14.5.2.7.3 Egypt Automotive Adhesives market By Application
14.5.2.7.4 Egypt Automotive Adhesives market By Vehicle
14.5.2.8 Saudi Arabia
14.5.2.8.1 Saudi Arabia Automotive Adhesives market By Resin Type
14.5.2.8.2 Saudi Arabia Automotive Adhesives market By Technology type
14.5.2.8.3 Saudi Arabia Automotive Adhesives market By Application
14.5.2.8.4 Saudi Arabia Automotive Adhesives market By Vehicle
14.5.2.9 Qatar
14.5.2.9.1 Qatar Automotive Adhesives market By Resin Type
14.5.2.9.2 Qatar Automotive Adhesives market By Technology type
14.5.2.9.3 Qatar Automotive Adhesives market By Application
14.5.2.9.4 Qatar Automotive Adhesives market By Vehicle
14.5.2.10 Rest of Middle East
14.5.2.10.1 Rest of Middle East Automotive Adhesives market By Resin Type
14.5.2.10.2 Rest of Middle East Automotive Adhesives market By Technology type
14.5.2.10.3 Rest of Middle East Automotive Adhesives market By Application
14.5.2.10.4 Rest of Middle East Automotive Adhesives market By Vehicle
14.5.3 Africa
14.5.3.1 Africa Automotive Adhesives market by Country
14.5.3.2 Africa Automotive Adhesives market By Resin Type
14.5.3.3 Africa Automotive Adhesives market By Technology type
14.5.3.4 Africa Automotive Adhesives market By Application
14.5.3.5 Africa Automotive Adhesives market By Vehicle
14.5.3.6 Nigeria
14.5.3.6.1 Nigeria Automotive Adhesives market By Resin Type
14.5.3.6.2 Nigeria Automotive Adhesives market By Technology type
14.5.3.6.3 Nigeria Automotive Adhesives market By Application
14.5.3.6.4 Nigeria Automotive Adhesives market By Vehicle
14.5.3.7 South Africa
14.5.3.7.1 South Africa Automotive Adhesives market By Resin Type
14.5.3.7.2 South Africa Automotive Adhesives market By Technology type
14.5.3.7.3 South Africa Automotive Adhesives market By Application
14.5.3.7.4 South Africa Automotive Adhesives market By Vehicle
14.5.3.8 Rest of Africa
14.5.3.8.1 Rest of Africa Automotive Adhesives market By Resin Type
14.5.3.8.2 Rest of Africa Automotive Adhesives market By Technology type
14.5.3.8.3 Rest of Africa Automotive Adhesives market By Application
14.5.3.8.4 Rest of Africa Automotive Adhesives market By Vehicle
14.6 Latin America
14.6.1 Trend Analysis
14.6.2 Latin America Automotive Adhesives market by country
14.6.3 Latin America Automotive Adhesives market By Resin Type
14.6.4 Latin America Automotive Adhesives market By Technology type
14.6.5 Latin America Automotive Adhesives market By Application
14.6.6 Latin America Automotive Adhesives market By Vehicle
14.6.7 Brazil
14.6.7.1 Brazil Automotive Adhesives market By Resin Type
14.6.7.2 Brazil Automotive Adhesives market By Technology type
14.6.7.3 Brazil Automotive Adhesives market By Application
14.6.7.4 Brazil Automotive Adhesives market By Vehicle
14.6.8 Argentina
14.6.8.1 Argentina Automotive Adhesives market By Resin Type
14.6.8.2 Argentina Automotive Adhesives market By Technology type
14.6.8.3 Argentina Automotive Adhesives market By Application
14.6.8.4 Argentina Automotive Adhesives market By Vehicle
14.6.9 Colombia
14.6.9.1 Colombia Automotive Adhesives market By Resin Type
14.6.9.2 Colombia Automotive Adhesives market By Technology type
14.6.9.3 Colombia Automotive Adhesives market By Application
14.6.9.4 Colombia Automotive Adhesives market By Vehicle
14.6.10 Rest of Latin America
14.6.10.1 Rest of Latin America Automotive Adhesives market By Resin Type
14.6.10.2 Rest of Latin America Automotive Adhesives market By Technology type
14.6.10.3 Rest of Latin America Automotive Adhesives market By Application
14.6.10.4 Rest of Latin America Automotive Adhesives market By Vehicle
15. Company Profiles
15.1 Henkel & Co. KGaA
15.1.1 Company Overview
15.1.2 Financial
15.1.3 Products/ Services Offered
15.1.4 SWOT Analysis
15.1.5 The SNS View
15.2 BASF SE
15.2.1 Company Overview
15.2.2 Financial
15.2.3 Products/ Services Offered
15.2.4 SWOT Analysis
15.2.5 The SNS View
15.3 Illinois Tool Works Inc.
15.3.1 Company Overview
15.3.2 Financial
15.3.3 Products/ Services Offered
15.3.4 SWOT Analysis
15.3.5 The SNS View
15.4 DowDuPont
15.4.1 Company Overview
15.4.2 Financial
15.4.3 Products/ Services Offered
15.4.4 SWOT Analysis
15.4.5 The SNS View
15.5 H.B. Fuller Company
15.5.1 Company Overview
15.5.2 Financial
15.5.3 Products/ Services Offered
15.5.4 SWOT Analysis
15.5.5 The SNS View
15.6 Sika AG
15.6.1 Company Overview
15.6.2 Financial
15.6.3 Products/ Services Offered
15.6.4 SWOT Analysis
15.6.5 The SNS View
15.7 PPG Industries
15.7.1 Company Overview
15.7.2 Financial
15.7.3 Products/ Services Offered
15.7.4 SWOT Analysis
15.7.5 The SNS View
15.8 Solvay S.A
15.8.1 Company Overview
15.8.2 Financial
15.8.3 Products/ Services Offered
15.8.4 SWOT Analysis
15.8.5 The SNS View
15.9 Jowat AG
15.9.1 Company Overview
15.9.2 Financial
15.9.3 Products/ Services Offered
15.9.4 SWOT Analysis
15.9.5 The SNS View
16. Competitive Landscape
16.1 Competitive Benchmarking
16.2 Market Share Analysis
16.3 Recent Developments
16.3.1 Industry News
16.3.2 Company News
16.3.3 Mergers & Acquisitions
17. Use Case and Best Practices
18. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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